233
233
Dec 28, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs f
speaker john boehner calls the house back into session for sunday night. that stokes investor hopes for a fiscal cliff deal and this coming just a few hours after harry reid's comments sent the dow into a tailspin. we have complete coverage in this developing story which is happening tonight as we speak. also, as supplies from the obama team, ep achieve lisa jackson stepping down. can the coal companies finally breathe a sigh of relief? guess what happened in britain when the uk banned...
256
256
Dec 27, 2012
12/12
by
CNBC
tv
eye 256
favorite 0
quote 0
last week, house speaker john boehner said it was up to senate democrats to come up with a plan. greg joins us now for the very latest. did you get any rest over christmas here? because it sounds like there was no progress made on fiscal cliff talks. >> yeah. thankfully, there was virtually nothing going on in washington. so it was an opportunity for all of us to catch up on our sleep here. >> i wonder, too, when we've looked towards the calendar, we have today, tomorrow, i guess monday being the 31st. what prospect do you expect of us hearing a deal before then. >> well, i certainly expect that now that obama is back in town he'll be trying to broker some sort of a deal with john boehner, the house of representatives, and there will be talks among democrats trying to explore whether they can put forth a new scaled down deal that could get past both the republican minority in the senate and get a vote on the floor of the house of representatives. and i think what the markets have to realize is that if the deal were to pass between now and the end of the year, it would first of al
last week, house speaker john boehner said it was up to senate democrats to come up with a plan. greg joins us now for the very latest. did you get any rest over christmas here? because it sounds like there was no progress made on fiscal cliff talks. >> yeah. thankfully, there was virtually nothing going on in washington. so it was an opportunity for all of us to catch up on our sleep here. >> i wonder, too, when we've looked towards the calendar, we have today, tomorrow, i guess...
99
99
Dec 31, 2012
12/12
by
CNBC
tv
eye 99
favorite 0
quote 0
remember this $600 billion is less than john boehner's last revenue offer. they are going for more at la later point. >> how is that going to play on the hill. >> it'll play well with democrats and not so well with republicans. the president said these tax increases will be permanent. the president is signalling there that whatever is in this agreement cooked up behind closed doors does include a permanent extension of tax decreases for the middle class. that's an important part of the news as well. >> it was
remember this $600 billion is less than john boehner's last revenue offer. they are going for more at la later point. >> how is that going to play on the hill. >> it'll play well with democrats and not so well with republicans. the president said these tax increases will be permanent. the president is signalling there that whatever is in this agreement cooked up behind closed doors does include a permanent extension of tax decreases for the middle class. that's an important part of...
180
180
Dec 27, 2012
12/12
by
CNBC
tv
eye 180
favorite 0
quote 0
in order for that to happen john boehner basically has to agree that he's going to get a deal out of house with majority democrat votes, and i don't see why he does that before january 3rd. >> you're assuming the president has all the leverage, and i think the president would have a horrible legacy starting out with such turmoil, so i disagree. i think there's movement on the white house side on entitlements. >> rick, you do have to accept the fact that john boehner -- goes for the deal with democratic votes. >> he's about as acrimonious and able to get a deal done as sir harry reid. >> jared -- >> bottom lines, look at the vix, at 20, barely into anything. the market is clearly saying it doesn't care. hey, listen. i run my clients' money looking at the vix with my left eye, but 20, give me a break. you've got to thrill me above 30, above 35 before any of this has anything other than very interesting. >> if we get a deal, say sunday night we get a deal, right, do the markets rally, or does it depend on what the deal consists of? >> secretly, they are going to sell off on the news. do
in order for that to happen john boehner basically has to agree that he's going to get a deal out of house with majority democrat votes, and i don't see why he does that before january 3rd. >> you're assuming the president has all the leverage, and i think the president would have a horrible legacy starting out with such turmoil, so i disagree. i think there's movement on the white house side on entitlements. >> rick, you do have to accept the fact that john boehner -- goes for the...
207
207
Dec 28, 2012
12/12
by
CNBC
tv
eye 207
favorite 0
quote 0
speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> now, a new reuters poll shows americans blame republicans more than democrats or president obama for the fiscal crisis. and when asked who they held more response, 27% said the gop, 6% pointed to the dems and 30% said all of the above. for more on this, we're joined by christian schultz from barronberg bank. welcome. so we're going over the fiscal cliff. >> well, the consumer confidenc already be over the cliff in terms of confidence already. that might already be the first impact of the crisis of -- not of the crisis, but yes of the fiscal cliff.
speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't likely to sign a blank check just because we find ourselves at the edge of the cliff. that wouldn't be...
272
272
Dec 26, 2012
12/12
by
CNBC
tv
eye 272
favorite 0
quote 1
john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to know maybe we have neither. what do you think happens to the market, matt, in either scenario, deal or no deal? >> i can't imagine we're going to get a deal done with any significance. you know, they are probably going to change it as we go forward so maybe they will let us go over the cliff, the market will crash a little bit. i don't want to say crash as in crash but we could retrace some of the gains and a rough start to 2013 until they finally realize that maybe the large-cap companies could be leading us through the rallies. maybe it will take the stocks back up the latter half of 2013, first quarter. >> oliver, w
john boehner said it's up to the president and harry reid so are both sides standing at the precipice waiting for each other to make the next move. >> not really. it really is all up to john boehner to decide whether he wants to bring this vote to the house floor. if he doesn't, i would put on either your cliff bungee cord or your cliff parachute and that's actually an important difference. >> we would like a bungee cord and a parachute. >> right. >> but i would like to...
203
203
Dec 31, 2012
12/12
by
CNBC
tv
eye 203
favorite 0
quote 0
the john boehner has said chain cpi. and medicare eligibility age. >> right. >> those are the two things that he's laid out for medicare and social security. >> right. >> your party's nominee last year ran against obama -- or in this campaign ran against obama for cutting medicare. what are the specific entitlement savings that you guys want to enact? because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i mean, certainly starting with chain cpi, but the age, the copay, means testing. >> he's agreed to that. >> betting on competitive situation in between medicare manage and deeper service without any cap i mean it adds up to about a trillion dollars. and when you have a situation where americans are paying one-third of the cost of medicare, i don't think people realize that, but literally people are paying one-third of the cost of medicare, we have 20 million more americans coming on medicare over the next decade, i mean it's a time bomb. >> i agree with you it's
the john boehner has said chain cpi. and medicare eligibility age. >> right. >> those are the two things that he's laid out for medicare and social security. >> right. >> your party's nominee last year ran against obama -- or in this campaign ran against obama for cutting medicare. what are the specific entitlement savings that you guys want to enact? because that's your ask of obama. he's told you what taxes he wants to raise. >> i've got a whole list of them. i...
97
97
Dec 28, 2012
12/12
by
CNBC
tv
eye 97
favorite 0
quote 0
john boehner is not going to roll over and do whatever they want. we're going to play this over and over and over again, not just on the debt ceiling but when government spending runs out. >> to mr. haven, my son's great english teacher, they haven't gotten anything done yet. eamon. thank you. >> michelle, the london whale the big headlinen2012. will the orlando whale make a big splash in 2013. just imagine, you may be able to get a piece of shamu. the story next on "power lunch." >>> this cnbc program is sponsored by the lincoln wish list event. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. >>> take a look at your screen right now. mother nature really dumping snow on our neighbors to the north. they generally handle snow pretty well up in canada, but this storm came as fast and furious tying u
john boehner is not going to roll over and do whatever they want. we're going to play this over and over and over again, not just on the debt ceiling but when government spending runs out. >> to mr. haven, my son's great english teacher, they haven't gotten anything done yet. eamon. thank you. >> michelle, the london whale the big headlinen2012. will the orlando whale make a big splash in 2013. just imagine, you may be able to get a piece of shamu. the story next on "power...
65
65
Dec 28, 2012
12/12
by
CNBC
tv
eye 65
favorite 0
quote 0
>> i think if they made progress at the meeting today and if mitch mcconnell and john boehner decide to take the risk of t advancing this with their members they could vote sunday or monday and it is possible to get done before january first. nobody is betting on this at this point and everybody's omt michel has been sorely tested by the lack of movement over the last week or so but just in the last few hours there is some movement toward the possibility of the deal. >> thanks so much for the very latest there john down in d.c. for us watching the action there. stocks moved off their lows on news of the new offer for the president. we're still setting up for the biggest weekly loss for the stock market in some six weeks. we're trading today with the najarian brothers, mike murphy, and steven wieis. we are moving closer to a deal according to john harwood's reporting. what do you do with the market today? >> i don't think you do anything based on those headlines. where you want to continue to be is high quality names and ride it out. if you see prices come your way in specific stocks
>> i think if they made progress at the meeting today and if mitch mcconnell and john boehner decide to take the risk of t advancing this with their members they could vote sunday or monday and it is possible to get done before january first. nobody is betting on this at this point and everybody's omt michel has been sorely tested by the lack of movement over the last week or so but just in the last few hours there is some movement toward the possibility of the deal. >> thanks so...
233
233
Dec 29, 2012
12/12
by
CNBC
tv
eye 233
favorite 0
quote 0
if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the house though probably with majority democrat. if that happens, we may well have a deal. >> you said a big f, though. if mcconnel and reid can hammer something out. the senate hasn't passed a budget in years, jared. tell me, how is harry reid going to come up with something by monday? >> well, as you've been stressing for most of the show, correct me, this is not a budget. this is a last-minute deal that's going to have a few components and i will count them on one hand that will have a tax threshold. 250. i wouldn't be surprised if they went to him with a higher number. u.n. extension, doc fix and the umt with the sequester and that would be it. >> jimmy p., what do you think? will we have a deal on monday and is it going to be enough? >> i think we will have a deal. one big difference now than maybe a couple of weeks, three weeks ago is a lot of republicans believe that eventually they really
if mcconnell and reid can hammer out a deal that's acceptable to both of them i believe that john boehner will let that deal come up for a vote in the house, and i believe that vote will pass in the house though probably with majority democrat. if that happens, we may well have a deal. >> you said a big f, though. if mcconnel and reid can hammer something out. the senate hasn't passed a budget in years, jared. tell me, how is harry reid going to come up with something by monday? >>...
81
81
Dec 27, 2012
12/12
by
CNBC
tv
eye 81
favorite 0
quote 0
the folks on the senate side said, wait a second, john boehner is who to blame. at the white house, they're pointing their finger at capitol hill. there's a lot of finger pointing but not a whole lot of action. >> all right, eamon. thanks so much. >> you bet. >>> as negotiations continue on washington, that is a bit of an overstatement, check wall street, the fear index is spiking as the markets drop. we're back above 20 for the first time in fact in five months. up 14% in the past week. let's get trading action here at the nysc. mary thompson joins us on the floor. this is a vulnerable point for the markets. traders have been saying they're going to make a lot of noise and it will get made up. >> suddenly it isn't. so we're having a bit of a reality check. the dow, the s&p and the nasdaq all negative. it's the lowest now of the month. the vix is spiking. moving above the 20 level for the first time in five months. we want to point out the last time we had this angst over what was happening in washington was in august of 2011 when we had the debt crisis and the s
the folks on the senate side said, wait a second, john boehner is who to blame. at the white house, they're pointing their finger at capitol hill. there's a lot of finger pointing but not a whole lot of action. >> all right, eamon. thanks so much. >> you bet. >>> as negotiations continue on washington, that is a bit of an overstatement, check wall street, the fear index is spiking as the markets drop. we're back above 20 for the first time in fact in five months. up 14% in...
220
220
Dec 31, 2012
12/12
by
CNBC
tv
eye 220
favorite 0
quote 0
the question is whether it can pass on the house side under the leadership of speaker john boehner. i've talked to a couple of republicans this morning who are fairly optimistic that whatever comes out of the senate, whatever that deal is, it will pass the house this afternoon. although hard-core republican anti-tax folks are not going to vote for it. it still would likely have enough votes to pass. that's at least the mood of some folks i'm talking to today. guys, one of the big questions that's unresolved here was raised on a conference call with ceos arranged by the white house on friday night, on that white house conference call with ceos. one of the ceos asked tim geithner, i'm told by a participant on the call, whether a small deal would be enough to are prevent ratings agencies to downgrade u.s. debt. i'm told by this person on the call that the administration's response to that, they think a small deal would in fact be enough, but they wouldn't speak for the ratings agency. still a big unknown hanging out there, guys. >> and we know about some of the tough conversations we'l
the question is whether it can pass on the house side under the leadership of speaker john boehner. i've talked to a couple of republicans this morning who are fairly optimistic that whatever comes out of the senate, whatever that deal is, it will pass the house this afternoon. although hard-core republican anti-tax folks are not going to vote for it. it still would likely have enough votes to pass. that's at least the mood of some folks i'm talking to today. guys, one of the big questions...
141
141
Dec 27, 2012
12/12
by
CNBC
tv
eye 141
favorite 0
quote 0
boehner was trying to get the members to vote for. i think we need to get democratic votes on the senate side and republican votes on the house side. >> the game plan is to get some sort of comprehensive tax reform next year, hearing that in the is not and house. moderates like yourself, like olimpia snowe and joe lieberman and dig lugar, and on and, is it possible with the new conditioning next year to get some sort of tax reform when it's been impossible for the last year and a half. >> i hope so. we don't control but one house, and the democrats control one house and the presidency. we can't get everything we want. i am a don't raise taxes on anybody republican. >> but you're willing to compromise on that though, right? >> i certainly would rather have something somewhat lower than anything and try to see if we can get the development come up from 250. to be able to give the amt relief and the marriage penalty, child tax credit, even state tax relief for farmers and ranchers, those are all things that affect everyone in this countr
boehner was trying to get the members to vote for. i think we need to get democratic votes on the senate side and republican votes on the house side. >> the game plan is to get some sort of comprehensive tax reform next year, hearing that in the is not and house. moderates like yourself, like olimpia snowe and joe lieberman and dig lugar, and on and, is it possible with the new conditioning next year to get some sort of tax reform when it's been impossible for the last year and a half....
190
190
Dec 28, 2012
12/12
by
CNBC
tv
eye 190
favorite 0
quote 0
boehner can bring his troops along. i think we have pretty strong evidence of that a real tough one for him. at this point, unless he's willing to say, i'll allow a vote to get over the transom with majority democrats then it looks to me like we're going over the cliff and i don't think he's willing to do that before the end of the year. i do think relative to something you guys were just talking about, that a bungee jump scenario is actually kind of plausible. and i think that's what they may be talking about at the white house today. how can we quickly reverse the damage? >> okay. now that we've ghot. the cliff out of the way, what's are number one biggest, most out rangeious prediction in 2013? >> i don't know how outrageous it is, my number one prediction is what i call the three "is." investment, immigration and implementation. eamon talked about immigration. i think he's 100% right on that. i think the political stars are uniquely aligned. investment in public goods. this is really important it's part of the presi
boehner can bring his troops along. i think we have pretty strong evidence of that a real tough one for him. at this point, unless he's willing to say, i'll allow a vote to get over the transom with majority democrats then it looks to me like we're going over the cliff and i don't think he's willing to do that before the end of the year. i do think relative to something you guys were just talking about, that a bungee jump scenario is actually kind of plausible. and i think that's what they may...
274
274
Dec 26, 2012
12/12
by
CNBC
tv
eye 274
favorite 0
quote 0
john boehner suffered an embarrassment thursday night. >> at least he suffered it then. didn't have this great big deal we thought would avert everything and get us where we want to go and then not deliver. are you sure the president can deliver everything from his side. >> the deal will look like the budget control act of the summer of 2011 where you get democrats and republicans voting for it. all you learned thursday night is the president can't deliver 218 of his own guys for a deal. this is something the media isn't really picking up on much. >> the speaker. >> sorry. the speaker. for a deal which was never going to become law. remember, a member of congress, a republican, i know plenty of them, are willing to vote for revenue increases. they say we have this deal harry reid said the senate won't pick up and ask you to vote for revenue increase or tax hike, a lot of republicans will say hell no to that whereas they might vote for the larger deal that stands for a chance of addressing the fiscal cliff. >> congressman, what is the chance we're doing this in february a
john boehner suffered an embarrassment thursday night. >> at least he suffered it then. didn't have this great big deal we thought would avert everything and get us where we want to go and then not deliver. are you sure the president can deliver everything from his side. >> the deal will look like the budget control act of the summer of 2011 where you get democrats and republicans voting for it. all you learned thursday night is the president can't deliver 218 of his own guys for a...
252
252
Dec 27, 2012
12/12
by
CNBC
tv
eye 252
favorite 0
quote 1
john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing it is obvious, mr. president, what is going on around here. he is waiting to january 3rd to get re-elected as speaker before he gets serious with negotiations because he has so many people over there that won't follow what he wants, that's obvious from the debacle that takes place last week and it was a debacle. he made an offer to the president. the president came back, they are just a little bit ap he walked away from that and went to plan b. but -- which all you did is whack people who need help the most. poor people. and he couldn't even pass that. remember, he is not letting the house of representatives vote, he is letting the republicans vote. it was so bad, he was in such difficult shape there he wouldn't even allow a vote to take with his republicans because he knew he would lose. for months, he has allowhood house republicans to hold middle class taxpayers hostage to protect the richest 2% and the funny part about that, mr. president, the 2% don't want to be protected
john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing it is obvious, mr. president, what is going on around here. he is waiting to january 3rd to get re-elected as speaker before he gets serious with negotiations because he has so many people over there that won't follow what he wants, that's obvious from the debacle that takes place last week and it was a debacle. he made an offer to the president. the president came back, they are just...
172
172
Dec 27, 2012
12/12
by
CNBC
tv
eye 172
favorite 0
quote 0
house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner unveiling a plan to buy time under the debt ceiling. in a letter to congress, geithner saying that treasury is going to begin taking steps this week to delay hitting the government's 16$16.4 trillion borrowing limit. treasury will take several measures to save that next year to keep the government from reaching the limit for about two months. but geithner warns it is harder to predict how long the delay will last because of all of this ongoing fiscal cliff negotiations making it harder to forecast what revenue and tax spending will be next year. >>> the journal says right here the white
house speaker john boehner urging the senate to come up with a passable fiscal cliff solution. he's promising to at least consider any bill that the upper chamber produces. senate majority leader harry reid now expected to base any legislation on a bill passed earlier this year to continue tax breaks for households will incomes below $250,000. a senate bill would likely contain an extension of expiring unemployment benefits. and the other big news of the morning, treasury secretary tim geithner...
61
61
Dec 28, 2012
12/12
by
CNBC
tv
eye 61
favorite 0
quote 0
house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ m
house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning,...
128
128
Dec 28, 2012
12/12
by
CNBC
tv
eye 128
favorite 0
quote 0
if there are going to be the spending cuts, that what we want to hear, john boehner. he's the adult in the room right now, guys and is looking like the bad guy because we have to stop the spending cuts. hitting the ceiling on the debt ceiling by monday. $16.3 trillion. you can't put a band-aid on this and suspect everything is going to be great and have howie mandel say deal or no deal. not good for the overall markets or economy. >> it's clear that revenue is not on the table. >> what do you do, run for the s? panic is not an investment strategy. give us some good advice. >> this is a headline-driven market, so if there is any type of positive news out of washington, look for stocks to act positively. realistically you want to be in treasuries. cash or treasuries. only with the help from ben bernanke and company. >> thank you, guys. >> we'll keep an eye on that, too, as a matter of fact. thank you, guys. we'll see you later and wall street is throwing in the towel as we head towards the close. apparently fewer people want to be long going into the weekend. the dow no
if there are going to be the spending cuts, that what we want to hear, john boehner. he's the adult in the room right now, guys and is looking like the bad guy because we have to stop the spending cuts. hitting the ceiling on the debt ceiling by monday. $16.3 trillion. you can't put a band-aid on this and suspect everything is going to be great and have howie mandel say deal or no deal. not good for the overall markets or economy. >> it's clear that revenue is not on the table. >>...
122
122
Dec 26, 2012
12/12
by
CNBC
tv
eye 122
favorite 0
quote 0
and boehner or not? >> yes. and the question about the mini deal would be, what we're talking about, just to make clear for our viewers, would be a temporary extension of tax cuts for incomes under $250,000, a couple of months, for example, a temporary turn-off of the sequester, the automatic cuts equally in defense and nondefense programs that nobody wants to happen, you temporarily turn those off, you extend unemployment benefits, you do something about doctor payments under medicare. if that happens, and clears the senate, there would be a bipartisan majority in the senate if it is allowed to get to the floor, then you would have to have speaker boehner agree to put that on the floor, it would pass the house almost certainly, but the speaker has been reluctant to put any bill on the floor for a vote that doesn't have the support of a majority of his own members, of republican members. he would have to breach that rule in order for it to happen before january 1st. >> which is no small feat, as we see.
and boehner or not? >> yes. and the question about the mini deal would be, what we're talking about, just to make clear for our viewers, would be a temporary extension of tax cuts for incomes under $250,000, a couple of months, for example, a temporary turn-off of the sequester, the automatic cuts equally in defense and nondefense programs that nobody wants to happen, you temporarily turn those off, you extend unemployment benefits, you do something about doctor payments under medicare....
122
122
Dec 27, 2012
12/12
by
CNBC
tv
eye 122
favorite 0
quote 1
as john has been saying, that's the biggest risk factor to look that. he gave that and he expected, his caucus expected a on the from the president. he didn't get any 2013 or '14 real spending cuts. they got long-term promises, most people in washington won't be in office in ten years. that's the sticking point. it comes down to medicare, spending cuts 2013, 2014. you have to trade what i've been saying of the last month. i've been buying on the moments of fear, receiving the rallies. ill think we're going to get a deal but you have to trade around that. >> let's hone in on that. let's say december 31st passes, we're there january 1st, january 2nd is the first trading day, market participants can react to what is a lack of news. they are working in washington to get a deal together, is that going to be an inflection point of fear in the markets? >> just before, as we saw today, probably going to have one more of those moments of fear and then we're going to get a 30 to 40-yard punt. and it's going to be a deal without an extension of the debt ceiling. s
as john has been saying, that's the biggest risk factor to look that. he gave that and he expected, his caucus expected a on the from the president. he didn't get any 2013 or '14 real spending cuts. they got long-term promises, most people in washington won't be in office in ten years. that's the sticking point. it comes down to medicare, spending cuts 2013, 2014. you have to trade what i've been saying of the last month. i've been buying on the moments of fear, receiving the rallies. ill think...
301
301
Dec 24, 2012
12/12
by
CNBC
tv
eye 301
favorite 0
quote 1
so they greet it a little more negatively than the full market. >> on the side of senator john bar oso said over the weekend, said the president senses victory at the bottom of that cliff. in other words, if they can't deliver on the cliff, most people blame republicans anyway. so politically there is some argument to be made for going over. >> well, yes, it would seem to favor the white house. so that might be tempting. on the one side, as i say, no sense giving in if you think the man you're negotiating with can't deliver anything. it could get to be very difficult. again, we're watching for little signs like, will the treasury ask companies to change the withholding. if not, then they're assuming that the trip over the cliff is going to be very, very brief. so we'll see how -- >> if they don't, though, that suggests it might be a longer run over this cliff. >> oh, if they do come in and say we'd like you to take another look at your withholding, then that would mean they may be looking at weeks and months. >> in which case, do you think a recession is a given? >> i would think -- no
so they greet it a little more negatively than the full market. >> on the side of senator john bar oso said over the weekend, said the president senses victory at the bottom of that cliff. in other words, if they can't deliver on the cliff, most people blame republicans anyway. so politically there is some argument to be made for going over. >> well, yes, it would seem to favor the white house. so that might be tempting. on the one side, as i say, no sense giving in if you think the...
445
445
Jan 1, 2013
01/13
by
CNNW
tv
eye 445
favorite 0
quote 1
does john boehner come out of this weakened or strengthened? >> john boehner's weakness and strength are kind of the same thing. he tends to take a laissez faire approach with his guys, doesn't kick them in the side very often. not able to do that. that makes him popular, means people like him, but it's hard for him to command his troops. i don't think he comes out of this any worse off than before in terms of members of his caucus, they look at him as having created a strategy that is narrowly navigating all the sholes. >> the result of the deal, we will have to have two or three more deals in the coming months and go through the cliff like negotiations. what is the takeaway and lesson for the republican conference. they keep bainary long and try to get better deals? or get forced to the up or down votesory the course of the coming months? >> they are looking for leverage. their favorite word. where do they have lev rage over the president to get spending cuts? they keep seeking leverage long past the point where it's obvious the president has
does john boehner come out of this weakened or strengthened? >> john boehner's weakness and strength are kind of the same thing. he tends to take a laissez faire approach with his guys, doesn't kick them in the side very often. not able to do that. that makes him popular, means people like him, but it's hard for him to command his troops. i don't think he comes out of this any worse off than before in terms of members of his caucus, they look at him as having created a strategy that is...
109
109
Jan 1, 2013
01/13
by
CNNW
tv
eye 109
favorite 0
quote 0
house speaker john boehner feeling a lot of the heat. we'll talk with the spokesperson for a conservative group that suggests that he resign because of his failed plan "b." p chases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who like more cash. what's in your wallet? it's the card for people who like more cash. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did s
house speaker john boehner feeling a lot of the heat. we'll talk with the spokesperson for a conservative group that suggests that he resign because of his failed plan "b." p chases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash...
201
201
Dec 30, 2012
12/12
by
CNNW
tv
eye 201
favorite 0
quote 0
now, the question though, it becomes a political question in the house, because john boehner has not wanted to pass it with democratic votes. there have been, just last year, there have been instances, where a majority of republicans, but not enough to make a majority are joining with -- >> let me just interrupt you -- >> -- to make a majority. >> let me ask you this point, this is more to the philosophy of democracy here. do you see that we have an inability as congress to reach some sort of compromise? in other words, that we are watching the decay of democracy here in our inability to do anything or accomplish anything, especially when it comes to the fiscal cliff. are you worried about the future and politics? >> i'm worried, of course i'm worried, understand for the long-term good of the country, we have to meet in the sensible center, we have to do this and we haven't been able to do it. as a democrat, i have my feelings that the tea party ultraright-wing republicans are the ones resisting, making any kind of compromise, saying my way or height way. >> to lay blame here, i'm ju
now, the question though, it becomes a political question in the house, because john boehner has not wanted to pass it with democratic votes. there have been, just last year, there have been instances, where a majority of republicans, but not enough to make a majority are joining with -- >> let me just interrupt you -- >> -- to make a majority. >> let me ask you this point, this is more to the philosophy of democracy here. do you see that we have an inability as congress to...
274
274
Jan 1, 2013
01/13
by
CNNW
tv
eye 274
favorite 0
quote 0
. >> here is the thing, we have been worrying for the last week that the fact that john boehner and the president would discuss things, they would go back to their party. plan b, his caucus said no. things took a different turn today. we heard from a number of democrats, including robert reich on the show just a while ago, but we heard from democratic senators who said everyone is worrying about republicans saying no to this deal. there may be enough democrats to want to say no to it. is there a threat that the democrats might settle the deal? >> that is the concern. now, it's not something that the white house is opening talking about, but that is exactly why there is sort of this pressure to get this resolved right now, because there's momentum, they want to act on it fast, get it done, get it done because if we go over the cliff, democrat s will feel they have more leverage to settle the deal and draw this out into a longer battle. i will point out to you that the treasury secretary has already sent out a letter saying he's taking extraordinary measures now to extend the nation's cre
. >> here is the thing, we have been worrying for the last week that the fact that john boehner and the president would discuss things, they would go back to their party. plan b, his caucus said no. things took a different turn today. we heard from a number of democrats, including robert reich on the show just a while ago, but we heard from democratic senators who said everyone is worrying about republicans saying no to this deal. there may be enough democrats to want to say no to it. is...
209
209
Dec 30, 2012
12/12
by
CNNW
tv
eye 209
favorite 0
quote 0
dy call john boehner the top elected democrat in the country. he's the top-elected republican in the country. jessica, thank you for that reporting. we'll be back to you in a few moments. in a few hours, in just a few hours, trading will open in some parts of the world for the final time this year. here's the problem -- they're going to be reacting to what's going on in washington. people around the globe are going to be watching what is happening in the united states with a wary eye, cnn international anchor jim clancy is with me now. jim, this is such a hyper-focused american problem and yet it's really a problem for the whole world. >> it definitely is. if mitch mcconnell is looking for a dance partner. the united states is the dance partner for the entire world. the markets hate uncertainty what they hate even more is steering abject failure square in the face. those markets are going to open up in four or five hours' time we should see some limited reaction in asia. but perhaps not yet. it's still uncertain what is going to happen here. the
dy call john boehner the top elected democrat in the country. he's the top-elected republican in the country. jessica, thank you for that reporting. we'll be back to you in a few moments. in a few hours, in just a few hours, trading will open in some parts of the world for the final time this year. here's the problem -- they're going to be reacting to what's going on in washington. people around the globe are going to be watching what is happening in the united states with a wary eye, cnn...
289
289
Dec 30, 2012
12/12
by
CNNW
tv
eye 289
favorite 0
quote 0
and on tuesday john boehner, the 113th congress is sworn in and john boehner is expected to be elected to his second term as house speaker by a vote in the house. we'll see if everyone plays nice in the sandbox and work together to solve the country's problems in 2013. if you're sitting down to breakfast, this bowl of cereal, that milk can get more expensive if a fiscal cliff deal is not reached. that gallon of milk might cost as much as $7. cnn's candy crowley spoke with secretary of agriculture tom vilsack. $7 milk? this is known as the dairy cliff, right? >> yes, it is. we've been so focused on other kinds of cliffs, but, in fact, because there is no farm bill, they revert back to some laws that were enacted in the 1940s. it would cause -- because milk won't be, if you will, propped up, it would cause milk prices too almost double, at least according to the agriculture secretary. they're working on a fix, something like that which hits consumers so hard. they'll notice that immediately is likely to be something that congress does do something about. my guess is they will just extend
and on tuesday john boehner, the 113th congress is sworn in and john boehner is expected to be elected to his second term as house speaker by a vote in the house. we'll see if everyone plays nice in the sandbox and work together to solve the country's problems in 2013. if you're sitting down to breakfast, this bowl of cereal, that milk can get more expensive if a fiscal cliff deal is not reached. that gallon of milk might cost as much as $7. cnn's candy crowley spoke with secretary of...
134
134
Dec 29, 2012
12/12
by
CNNW
tv
eye 134
favorite 0
quote 0
by passing house speaker john boehner who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority and minority leaders harry reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is still available for two million people. and that lays the ground work for deficit reduction and economic growth steps that we can take in the new year. but let's not miss this deadline. >> as for the leaders they sounded a bit more hopeful than the president. >> i think it was a very positive meeting. there was not a lot of hilarity in the meeting. everyone knows how important it is. it is a very serious meeting and it would take an extended period of time as you know, waiting for us. >> i share the view of the majority leader. we had a good meeting down at the white house. we are engaged in discussi
by passing house speaker john boehner who has had trouble getting his fellow republicans to agree to anything, the president called on senate majority and minority leaders harry reid and mitch mcconnell, to lay out a deal. >> if we don't see an agreement between the two leaders and the senate, i expect a bill to go on the floor. and i have asked senator reid to do this. put a bill on the floor that makes sure that taxes on middle class families don't go up. that unemployment insurance is...
221
221
Jan 1, 2013
01/13
by
CNNW
tv
eye 221
favorite 0
quote 0
how much trouble is john boehner in as the speaker of the house? >> i actually -- i actually don't think that john boehner is going to be in that much trouble this year. i don't think when his speakership comes up for a vote that he will be in trouble. i don't see anyone else lining up to take his job. >> perhaps in the last few hours we may have seen -- >> i just interviewed darrell issa and he says that he's with eric cantor. >> so that might be changing but i do think that john boehner has certainly lost control of his caucus. but frankly, they might want a weak leader because then they think they can control him. >> it's the second poke in the eye. he had plan b and now the pressure a lot of people got from the meeting at the white house, boehner said, it's up to the senate. let them pass something. if it's a bipartisan majority, we'll bring it to the house and vote on it up or down. >> you were talking about the political damage republicans could sustain and there are about 50 or 60 republicans sitting thinking, yes, i'm really worried about t
how much trouble is john boehner in as the speaker of the house? >> i actually -- i actually don't think that john boehner is going to be in that much trouble this year. i don't think when his speakership comes up for a vote that he will be in trouble. i don't see anyone else lining up to take his job. >> perhaps in the last few hours we may have seen -- >> i just interviewed darrell issa and he says that he's with eric cantor. >> so that might be changing but i do think...
658
658
Dec 30, 2012
12/12
by
CNNW
tv
eye 658
favorite 0
quote 0
boehner came up with what i kept seeing the pictures of john boehner and president obama sitting together and very good picture and they are both good guys to come up with a plan, and john boehner came up with a plan that democrats would not enjoy the idea that taxes going up on people earning more than $1 million a year and not acceptable for most people, but he could not get members of his own caucus to agree to it, so it is not fair for the republicans to somehow suggest that we are here because of the democrats. i am not saying that the democrats had nothing to do with it, but you can't get your own act together, and the republicans and the democrats in the house can't get their act together. >> well, we are here as inaction, and here is the deal on that, and what the president wanted to do was to generate enough revenue to cover government for agent eight days, seven or eight days and what do you do with the other 350-plus days leftover? you cannot continue to run trillion dollar deficits every year, because we are already at $16 trillion in debt. what we have is a debt crisis and qu
boehner came up with what i kept seeing the pictures of john boehner and president obama sitting together and very good picture and they are both good guys to come up with a plan, and john boehner came up with a plan that democrats would not enjoy the idea that taxes going up on people earning more than $1 million a year and not acceptable for most people, but he could not get members of his own caucus to agree to it, so it is not fair for the republicans to somehow suggest that we are here...
366
366
Dec 27, 2012
12/12
by
CNNW
tv
eye 366
favorite 0
quote 0
he's blaming the republican john boehner for the stall in talks on fiscal cliff. dana bash is our congressional correspondent. it just seems like this is the blame game. the house speaker would blame the president, the senate majority leader would blame the house speaker. who is to blame in all this? >> everybody is, carol. it's the blame game. i'm a little surprised at how personal harry reid just got in going after the speaker. it is true that things have clearly broken down, that goes without saying, and that the democrats were not happy that maybe a week and a half ago the speaker pulled out of talks with the president after they had reached a pretty good amount of progress. but the fact that he called the speaker a dictator and in the next breath said he's worried about his job, it's a little contradictory, but very personal. let me give you a little bit of a reality check. that is it is true that the house is not in session. they will come in quickly at 2:00 in a pro formal way and house republican leaders have told members they will give them 48-hours notic
he's blaming the republican john boehner for the stall in talks on fiscal cliff. dana bash is our congressional correspondent. it just seems like this is the blame game. the house speaker would blame the president, the senate majority leader would blame the house speaker. who is to blame in all this? >> everybody is, carol. it's the blame game. i'm a little surprised at how personal harry reid just got in going after the speaker. it is true that things have clearly broken down, that goes...
136
136
Dec 29, 2012
12/12
by
CNNW
tv
eye 136
favorite 0
quote 0
you gave your bletszing ing bl proposal that john boehner put forward. so many congressional republicans are scared of voting for something that feels like, looks like, smells like a tax increase because they're worried your organization will come back to haunt them because you signed a pledge. you gave your blessing and they still couldn't get the votes on the floor. what's up with that? why did that not happen? a week ago i was hopeful we might have a deal. >> okay. because the pledge is not to me. it's to the american people. it's to the people of the state that any congressman or senator is from. they have to feel that they can go to their constituents and say i voted against all efforts to raise taxes. i argued having read the boehner plan, it was silent on the taxing people who make more than a million dollars, it made permanent as opposed to obama who wants to just protect you for a year, he made permanent the tax cuts for people who made less than $250,000 a year, actually a million dollars a year. and as a result, it was a giant step towards pro
you gave your bletszing ing bl proposal that john boehner put forward. so many congressional republicans are scared of voting for something that feels like, looks like, smells like a tax increase because they're worried your organization will come back to haunt them because you signed a pledge. you gave your blessing and they still couldn't get the votes on the floor. what's up with that? why did that not happen? a week ago i was hopeful we might have a deal. >> okay. because the pledge...
366
366
Jan 1, 2013
01/13
by
CNNW
tv
eye 366
favorite 0
quote 1
this is very tricky for john boehner and his lieutenant. they have a relatively narrow house majority, polls show that the fiscal cliff blame would be mostly on them, not the president. not on democrats. that might change. but this is a very risky move if we go well into january with this unresolved. >> and you got to wonder if the house republicans are kicking themselves for not passing the plan b, which allowed for tax rates on people making a million or more since the figure that passed was significantly less at 400,000. bob cusack, thank you. we appreciate you being with us. >> thanks, deb. >>> well, developing this hour in alaska, on a shallow and rocky shore line near the uninhabited kodiak island, a huge oil rig has run aground. it has run aground. the coast guard has done a flyover of the shipwreck. it says that there is no signs of an oil spill. at least not at this stage. the kulluk is carrying 150,000 gallons of fuel and oil, operating as part of shell's controversial arctic drilling program. >>> well, word of new fallout from th
this is very tricky for john boehner and his lieutenant. they have a relatively narrow house majority, polls show that the fiscal cliff blame would be mostly on them, not the president. not on democrats. that might change. but this is a very risky move if we go well into january with this unresolved. >> and you got to wonder if the house republicans are kicking themselves for not passing the plan b, which allowed for tax rates on people making a million or more since the figure that...
151
151
Dec 31, 2012
12/12
by
CNNW
tv
eye 151
favorite 0
quote 0
and i think that's what's going to boil down to. >> any plan would need house speaker john boehner to bring it to a floor for a vote. republican representative tom cole says he is confident boehner can get the votes he needs. >> on the speaker's plan "b," he ha
and i think that's what's going to boil down to. >> any plan would need house speaker john boehner to bring it to a floor for a vote. republican representative tom cole says he is confident boehner can get the votes he needs. >> on the speaker's plan "b," he ha
189
189
Dec 24, 2012
12/12
by
CNNW
tv
eye 189
favorite 0
quote 0
boehner. obviously something would have to get through the house, but we're definitely focusing on the senate. i will tell you talking to sources that it doesn't even appear that senate majority leader reid and senate minority leader mcconnell are talking. the discussions aren't under way yet. you talk to sources on the hill and you get the sense that reid is waiting for mcconnell to chime in and mcconnell is waiting for reid to chime in. so this is a bit of a standoff right now and we are waiting to see who is going to blink. that's really the question, who is going to blink first and the fact is we just don't know. >> brianna keilar, thank you very much. >>> first, now they were only trying to buy bread and now over 100 people are dead after a bakery is bombed by war planes. we're live from the middle east as the violence in syria escalates. >>> and their job was to make people laugh, but that was before the newtown school shooting. >> he was one of the first responders to the scene. how are
boehner. obviously something would have to get through the house, but we're definitely focusing on the senate. i will tell you talking to sources that it doesn't even appear that senate majority leader reid and senate minority leader mcconnell are talking. the discussions aren't under way yet. you talk to sources on the hill and you get the sense that reid is waiting for mcconnell to chime in and mcconnell is waiting for reid to chime in. so this is a bit of a standoff right now and we are...
418
418
Jan 1, 2013
01/13
by
CNNW
tv
eye 418
favorite 0
quote 0
john boehner needs to take this deal struck in the senate that presumably has some buy in from him if not from his rank and file, because mitch mcconnell did not negotiate this is a vacuum and this is a pretty overwe will being vote. he will take this to his conference today and see where they are at. the expectation is there are two directions this could go. either a vote on the bill or house republicans propose changes so they can amend the bill more to their liking and send it back to the senate. but i think this is expected to move along here. >> there could be amendments, one past, they could vote on amendments, could fail, and then vote on the full measure. isn't that true also? >> yeah, that is true, and the other thing is once anything goes to the floor, it's not just up to republicans, it will -- and the think the expectation all along, whatever ultimately passes the house as we saw in the senate will require democrats and republicans. >> talking to phil gingery, seemed to be leaning no on this. but this time, secretary bamr. doesn't need all of the votes. >> and even though
john boehner needs to take this deal struck in the senate that presumably has some buy in from him if not from his rank and file, because mitch mcconnell did not negotiate this is a vacuum and this is a pretty overwe will being vote. he will take this to his conference today and see where they are at. the expectation is there are two directions this could go. either a vote on the bill or house republicans propose changes so they can amend the bill more to their liking and send it back to the...
182
182
Dec 28, 2012
12/12
by
CNNW
tv
eye 182
favorite 0
quote 0
john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to see what harry reid cobbles together to try to get republican support in the senate and house. he's saying it's hard to see how this can get done by january 1st. so we're seeing a lot of managing of expectations and certainly a lot of posturing on both sides as it appears they're getting ready to play the blame game should we go over the cliff. listen to both sides. >> republicans are not about to write a blank check for anything senate democrats put forward just because we find ourselves at the edge of the cliff. >> we are here in washington working while the mem
john boehner and mitch mcconnell representing the republicans. brianna keilar live now from washington. great to see you. house doesn't return to work until sunday. logistically speaking here, is there still enough time to work out a deal? >> i will tell you logistically speaking, logistically speaking, yes. politically speaking, very much unclear, there's a growing amount of pessimism about whether or not that can be done. we've been talking for days about how eyes are on the senate to...
289
289
Jan 1, 2013
01/13
by
CNNW
tv
eye 289
favorite 0
quote 0
but at this point, it's up to john boehner to see how much support he has for the bill with or without amendments and whether he can move forward today or if it's going to be delayed. e we should find that out shortly. >> brianna keilar live for us at the white house, thank you. also we're going to keep an eye on washington today. we'll be live throughout the day to just see what the house plans to do. and then coming up we're going to get the pulse of the people too. back in a moment. >>> we're all keeping a close eye on the house today to see e what those house members decide to do about the fiscal cliff. the republican leaders there are expected to meet about 20 minutes or so. actually an hour and 20 minutes or so to go over their strategy for the day. that's when they will decide potentially if we're even going to have a house vote today on that plan that the senate approved early this morning. for you out late last night, it was late last night. 2:00 in the morning eastern time. going to keep you updated on the machinations of the house. in the meantime, since it's the first day o
but at this point, it's up to john boehner to see how much support he has for the bill with or without amendments and whether he can move forward today or if it's going to be delayed. e we should find that out shortly. >> brianna keilar live for us at the white house, thank you. also we're going to keep an eye on washington today. we'll be live throughout the day to just see what the house plans to do. and then coming up we're going to get the pulse of the people too. back in a moment....
103
103
Dec 29, 2012
12/12
by
CNNW
tv
eye 103
favorite 0
quote 0
i think rubio has the inside track. >> let's do something a little more top call, which is john boehner and eric cantor. even politico was saying a year ago they call for a truce, their staffs were trying to find a way to work together. speaker vote is coming up january 3rd. boehner had a bad beating in that plan b vote. >> i think the main thing that boehner has going for him in the rivalry is he has the worst job in the world. >> is it really the worst job in the world? >> certainly the worst job in congress. speaker boehner has to sit there and eat a lot of stuff you wouldn't necessarily want to eat because there are a lot of republicans who basically want to emote, they want to act up and speaker boehner just has to take it and try to hammer deal and eric cantor, if he goes into boehner's role, he has to do the same thing boehner wants to do. >> the starting quarterback hates the number two quarterback and boehner, if he was smart, he should have dispatched him a long time ago and said, young man, i'm going to put you out to pasture if you pull that crap on me again. he made a mista
i think rubio has the inside track. >> let's do something a little more top call, which is john boehner and eric cantor. even politico was saying a year ago they call for a truce, their staffs were trying to find a way to work together. speaker vote is coming up january 3rd. boehner had a bad beating in that plan b vote. >> i think the main thing that boehner has going for him in the rivalry is he has the worst job in the world. >> is it really the worst job in the world?...
178
178
Dec 31, 2012
12/12
by
CNNW
tv
eye 178
favorite 0
quote 0
house speaker john boehner says his side of the capitol can't solve this crisis. starting to look pretty hopeless in washington. maybe a member of the house can give us a reason to be optimistic. chris van hollen is a maryland democrat. there he is, congressman, do you believe we're going to go over this cliff, yes or no? >> i still think we have a 50/50 chance of averting the cliff. i thought the odds were a little higher this morning, but, look, obviously the clock is winding down. what we do know is negotiations are ongoing. there was a big road block earlier today with the so-called chain cpi issue, but that seems to have been put aside. so we'll have to see, but, again, the fundamental issue has been the same throughout this process which is that our republican colleagues are trying to do everything we can to prevent higher income individuals to pay a little bit more to reduce our deficit, and that's what's been going on for the last six months. that's what the conversation in the election was all about, but here we are. >> can you walk us through this? you s
house speaker john boehner says his side of the capitol can't solve this crisis. starting to look pretty hopeless in washington. maybe a member of the house can give us a reason to be optimistic. chris van hollen is a maryland democrat. there he is, congressman, do you believe we're going to go over this cliff, yes or no? >> i still think we have a 50/50 chance of averting the cliff. i thought the odds were a little higher this morning, but, look, obviously the clock is winding down. what...
320
320
Dec 31, 2012
12/12
by
CNNW
tv
eye 320
favorite 0
quote 0
you said you were supportive of john boehner's plan b a week ago. which would have raised taxes on people earning above $1 million, only on that amount that was above $1 million. but there are a whole bunch of your own colleagues that wouldn't let that pass. 50 republicans wouldn't vote for that. how is that somebody else's problem? >> democrats can't have it both ways one of the reasons many of my colleagues didn't want to vote on it, harry reid said he wouldn't bring it up for consideration. the democrats can't have it both ways. can't criticize the speaker for not passing the bill. tame saying the president wouldn't veto it. it probably won't pass. the reality is we did pass the bill. on august 1st. done in a bipartisan way, done plenty of time in advance and now it is up for the senate to actually act. that's the way it works. remember that? i'm just a bill on capitol hill? we pass a bill, it goes to the senate, they have to do their job. they went golfing last week, went on vacation and now not convening until 11:00. >> i am not hearing anythin
you said you were supportive of john boehner's plan b a week ago. which would have raised taxes on people earning above $1 million, only on that amount that was above $1 million. but there are a whole bunch of your own colleagues that wouldn't let that pass. 50 republicans wouldn't vote for that. how is that somebody else's problem? >> democrats can't have it both ways one of the reasons many of my colleagues didn't want to vote on it, harry reid said he wouldn't bring it up for...
132
132
Dec 29, 2012
12/12
by
CNNW
tv
eye 132
favorite 0
quote 0
rubio has the inside track. >> let's do something more topical, which is john boehner and eric cantor. the atmosphere up on capitol hill has been like the roman senate for a long time now. these folks working together in leadership, but even over a year ago, politico was running an article saying boehner and eric cantor call for a truce, talking about a year of behind the scenes bitter fighting. their staffs were trying to find a way to work together. speaker vote is coming up january 3rd. boehner had a bad beating in the plan "b" vote. you don't think this is going to get better, do you? >> the main thing he has going for him in that rivalry is he has the worst job in the world. >> really, the worst job? >> certainly the worst job in congress. basically, speaker boehner has to sit there and eat a lot of stuff that you wouldn't necessarily eat because there are a lot of republicans who basically want to emote, they want to act up. and speaker boehner just has to take it and try to hammer deals. and eric cantor goes into his role, he has to do the same thing boehner has to do. >> the s
rubio has the inside track. >> let's do something more topical, which is john boehner and eric cantor. the atmosphere up on capitol hill has been like the roman senate for a long time now. these folks working together in leadership, but even over a year ago, politico was running an article saying boehner and eric cantor call for a truce, talking about a year of behind the scenes bitter fighting. their staffs were trying to find a way to work together. speaker vote is coming up january...
348
348
Dec 27, 2012
12/12
by
CNNW
tv
eye 348
favorite 0
quote 2
john boehner from your state of ohio. there are a lot of people that say if the deal were between these two guys, it would be made. the problem is john boehner can't agree to something with president obama and then take it back to his own party. >> well, and vice versa. a year ago august the president couldn't agree to the deal he needed another $400 billion in revenue. look, if the president and senator reid and john boehner all said to me today it's written, let's put simpson-bowles on the floor, i guarantee you given the urgency we could cobble together something to solve this problem but nobody is willing to pull the trigger. everybody wants to play the blame game. this blame game is about to put us over the edge. >> the problem, of course, which you don't personally face because you didn't run for this new congress is a poll that we have that was taken very recently that says -- we asked who would be more responsible if the fiscal cliff occurs. 48% of respondents say the gop in congress. 37% blame -- would blame pres
john boehner from your state of ohio. there are a lot of people that say if the deal were between these two guys, it would be made. the problem is john boehner can't agree to something with president obama and then take it back to his own party. >> well, and vice versa. a year ago august the president couldn't agree to the deal he needed another $400 billion in revenue. look, if the president and senator reid and john boehner all said to me today it's written, let's put simpson-bowles on...
206
206
Dec 24, 2012
12/12
by
CNNW
tv
eye 206
favorite 0
quote 0
now that house republicans have clearly rebelled against john boehner, can the senate save the day? that's the big question? >> we will see what happens when the senate comes back on thursday. at least that's the plan right now, the house as well. it has to do with those votes. as far as i'm told, there are no discussions going on, no real talks about trying to find common ground or more specifically to find those votes. we did hear from some republicans over the weekend who -- you would be surprised they would say they'd vote for tax increases. johnny isaacson of georgia. we'll see. but the betting from democratic and republican sources at point is that we're likely to go over the fiscal cliff and there's a big political reason. once we go over the cliff, everybody's taxes go up. that's sporpt to remember. the way that lawmakers will be able to vote to change that is for a tax cut. now they are going to be voting for a tax hike of some sort. there's a very different political reality between those two votes. >> let's hope they meet in the middle, somebody that is to give between no
now that house republicans have clearly rebelled against john boehner, can the senate save the day? that's the big question? >> we will see what happens when the senate comes back on thursday. at least that's the plan right now, the house as well. it has to do with those votes. as far as i'm told, there are no discussions going on, no real talks about trying to find common ground or more specifically to find those votes. we did hear from some republicans over the weekend who -- you would...